10611 Western Avenue
Downey, CA 90241
0.34 acres | #PW24227487
Description
Introducing a prime investment opportunity in the heart of Downey, CA. This meticulously maintained property offers a ±7,988 SF building comprising 8 units, each with a long history of 100% occupancy. Built in 1968, the property showcases timeless architecture and thoughtful design elements. Situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. With a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving Downey market.
Property Details
- Lot DescriptionRectangularLot
- Stories2
Measurements
- Acres0.3354
Parking
- Parking Spaces1
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1968
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,750,000
- Taxes Annual$34,385
Other
- MLS #PW24227487
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Doug Rodermund (#PRODEDOU)
Listing Office: Morgan Skenderian (#PB8846)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.